business

A free e-bike library is set to continue in Hobart after a successful first year and a reported rise in sales, as more people make the switch to e-bikes. Source link

Managing director Hugh Marks is questioned by Sally Sara over Justin Stevens’s sudden resignation last month, in addition to controversies over the hiring of Grace Tame and subsequent comments by radio host Charlie Pickering. Source link

The local share market is in the red but has clawed back some ground from its early lows. Artificial intelligence giant OpenAI files to become a public company in the US. Follow live.  Source link

A cybersecurity company with financial red flags received a $15m state contract in the dying days of the Miles government. Source link

Serious concerns about an influx of large-scale data centres in Melbourne’s west are being raised by Fire Rescue Victoria insiders. Source link

With two Australian banks cutting fixed home loan rates, there is a ray of hope that the cycle of interest rate hikes has peaked and borrowing costs may be lower down the track — another sign the pace of economic change has moved into overdrive. Source link

Australians felt a greater sense of satisfaction during the COVID-19 pandemic than they do today, according to government data, when households are grappling with the impact of inflation, rising interest rates and a reduction in real wages.  Source link

The Australian dollar falls to its lowest level in over two months, just over 70 cents to the US dollar, amid a renewed surge in the greenback as global interest rates, including US interest rates, rise. Source link

Anthropic wants caution as AI intelligence surges but the stock market can’t get enough.  Source link

Australian travellers are being left out of pocket and fearful their personal data has been stolen, amid growing concerns over the security of online travel bookings.  Source link